March 11- One of the top executives of Twenty-First Century Fox Inc has raised questions about Comcast's potential dominance of the U.S. broadband Internet market if regulators allow its $45.2 billion merger with Time Warner Cable to be completed.» Read More
NEW YORK, Jan 15- A number of Time Warner Cable shareholders would support a merger with Charter Communications Inc if Charter raises its current bid for the larger rival to $41 billion or more, according to people close to the matter. Charter on Monday formally offered to buy Time Warner Cable for $132.50 a share, or $37.3 billion, based on shares outstanding.
The stock price a company that went into receivership in 2009 came back to life this week, jumping from less than a penny to 10 cents a share, The New York Times reports.
RIO DE JANEIRO, Jan 14- Brazil's competition watchdog Cade has approved the merger of Grupo Oi SA and Portugal Telecom SGPS SA with no restriction, according to a decision published in the country's official gazette on Tuesday. Oi's preferred shares jumped 5.6 percent on the news, which Credit Suisse analysts considered "positive, albeit expected by the market."
RIO DE JANEIRO, Jan 14- Brazil's competition watchdog Cade has approved the merger of Grupo Oi SA and Portugal Telecom SGPS SA with no restriction, according to a decision published in the country's official gazette on Tuesday.
*Signals new headquarters likely to be outside Italy. DETROIT/ MILAN, Jan 13- Sergio Marchionne has pledged to stay on as chief executive of Fiat-Chrysler for at least three years to see through the full merger of the Italian carmaker and its U.S. business, and a new strategy to turn around its loss-making operations in Europe.
Jan 13- Discovery Communications Inc and Scripps Networks Interactive Inc abandoned talks for a merger last week, the Wall Street Journal reported, quoting people familiar with the matter. The Scripps family did not appear ready to sell the cable company, Wall Street Journal said.
MILAN, Jan 10- Fiat will focus on revamping its Alfa Romeo brand after its planned merger with Chrysler and will keep production of the marque in Italy as it seeks to revive its European operations and protect jobs, its chief executive said on Friday.
BRUSSELS, Jan 9- EU antitrust regulators said on Thursday they had cleared the $35 billion merger of U.S. advertising agency Omnicom and French peer Publicis without conditions. The deal creates the world's biggest advertising agency to compete better with the likes of Google and Facebook in online ad sales.
WASHINGTON, Jan 7- Uncertainty about U.S. budget levels is limiting the prospects for increased merger and acquisition activity in the defense industry, Sean O'Keefe, chief executive officer of the U.S. operations of Europe's Airbus, said on Tuesday.
NEW YORK, Jan 7- A deal that reduces the U.S. mobile market to three national operators from four could raise eyebrows at regulators and require the merging parties to sell spectrum, according to Verizon Communications Chief Executive Lowell McAdam.
*Men's Wearhouse to nominate two directors to Jos. Jan 6- Men's Wearhouse Inc mounted a hostile $1.61 billion bid for Jos. A. Bank Clothiers Inc in an attempt to break the resistance of its smaller rival and pacify investor demand for a merger of the suit retailers. Men's Wearhouse offered $57.50 per share for Jos.
Jan 3- A U.S. federal appeals court has reinstated an antitrust case against Dean Foods Co alleging it conspired to restrict competition for bottled milk in the southeast United States. The case stems from the 2001 merger between Suiza Foods Corp, then the largest U.S. milk processor, and Dean Foods, the second largest.
*Shares jump to levels last seen in August 2011. *Fiat's Europe sales sag, Chrysler's rise in North America. MILAN, Jan 2- Fiat shares jumped on Thursday after it struck a $4.35 billion deal to gain full control of Chrysler Group LLC, but doubts remained over whether the Italian carmaker can use the merger to cut losses in Europe.
MILAN/ DETROIT, Jan 1- Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks that have obstructed Chief Executive Sergio Marchionne's efforts to combine the two automakers' resources. But it remains to be seen whether a merger will be enough to cut Fiat's losses in Europe.
*Cooper Tire falls after Apollo Tyres merger terminated. *Trina Solar climbs after China solar plant deal. NEW YORK, Dec 30- U.S. stocks closed mostly flat on Monday, with the Dow edging up to another record closing high and the S&P 500 index's advance stalling in response to light trading volume and and weaker-than-forecast housing data.
*Cooper Tire falls after Apollo Tyres merger terminated. *Trina Solar climbs after China solar plant deal. NEW YORK, Dec 30- U.S. stocks were little changed on Monday after the S&P 500 index ended its best two-week advance in five months and housing data was weaker-than-forecast.
*Cooper Tire falls after Apollo Tyres merger terminated. *Trina Solar climbs after China solar plant deal. "This market was one that performed better than all expectations and did that despite an improving yet sluggish economy," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
Men's suit retailer Jos. A. Bank Clothiers said its board has unanimously rejected the $1.5 billion bid by Men's Wearhouse.
Dec 23- Jos. A. Bank Clothiers Inc has rejected a $1.5 billion takeover offer from suit retailer Men's Wearhouse Inc, frustrating attempts by its larger rival to appease shareholder hunger for a merger. Shares in Men's Wearhouse, under pressure from activist investors to merge, fell 2 percent before the bell on Monday.
Dec 19- Washington law firm Patton Boggs has ended merger talks with the larger Texas- based Locke Lord, according to two sources familiar with the negotiations.